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Waste management firm Biffa finishes Viridor asset gain

Waste management firm Biffa finishes Viridor asset gain: It has finished its acquisition of the collections firm along with specific recycling assets from Viridor Waste Management. The acquisition will increase Biffa’s industrial & commercial collections business and recycling capacities within the UK. It contains 3 waste transfer stations in Edinburgh, Sheffield & Cornwall, 15 depots…
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Southern Water stake purchased by Australia’s Macquarie

Southern Water stake purchased by Australia’s Macquarie: Australia’s Macquarie Asset Management has come to an agreement to obtain a majority stake concerning Southern Water Services Limited in an agreement valued over £1 billion. Comprised in the agreement, Macquarie will invest, representing long-term investors that contain pension funds as well as insurance companies, to recapitalise the…
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Johnson Matthey purchases Oxis Energy battery assets

Johnson Matthey purchases Oxis Energy battery assets: Sustainable tech firm Johnson Matthey has bought the assets & intellectual property of UK-located battery materials developer Oxis Energy, which went bust previously this year. Oxis Energy, which is located close to Oxford, was a lithium-sulphur battery builder including assets that can be adjusted for the production of…
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National Grid acquires £7.8bn Western Power Distribution

National Grid acquires £7.8bn Western Power Distribution: National Grid has reported the £7.8 billion take over of Britain’s biggest electricity distribution business, Western Power Distribution (WPD). The purchase from PPL Corporation is predicted to permit the group to make a ‘strategic’ portfolio repositioning. The company also said, in the second half of this year, it…
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Norway’s Statkraft to purchase UK Solarcentury for £118m

Norway’s Statkraft to purchase UK Solarcentury for £118m: Norwegian state-owned utility Statkraft has reported the acquisition of UK solar panel manufacturer Solarcentury in a deal estimated at £118 m. The energy company will attain access to a 6GW pipeline in South America & Europe, as well as the UK, Spain, France, Greece and Italy, upholding…
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Ørsted B2B customers moved to Total Gas and Power

Ørsted B2B customers moved to Total Gas and Power: Total Gas and Power is to take over by agreement Ørsted business-to-business (B2B) portfolio of their natural gas and power customers. This action comes as the Danish energy giant aims to diminish its downstream operations and focus on owning, building and operating renewable generation assets –…
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